Home / Knowledge / News / Apparel/Garments / Retailers urge abolition of import tariffs on clothing
Retailers urge abolition of import tariffs on clothing
05
Oct '11
Retailers in Australia have urged the Federal Government to abolish import tariffs on clothing in view of the ongoing difficulties faced by the retail sector in the country.

The demand has been put forward by the Australian National Retailers Association (ANRA), whose members include Best & Less and David Jones. The Association has called on the Government to consider its request as the retail sector in the country employs a large workforce and the sector is currently passing through a difficult phase which might lead to job losses.

Retail sector in Australia employs 1.2 million people and it created 16,800 jobs during the 12 months ending August 2011. During the same period, however, the sector witnessed collapse of some retail chains including the Colorado clothing chain.

Owing to reduced discretionary spending by consumers, sales in the retail sector have declined by 7.5 percent year-on-year during the period and profit margins have also decreased.

The customs duty on apparel imports was last reduced in January 2010, when the import tariff was reduced to 10 percent from the earlier 17.5 percent. The import duty on clothing is next scheduled to be decreased to 5 percent in 2015.

However, the current tariff rates do not apply to online retailers from abroad as they trade under the Government's AUD 1000 GST-free threshold for imports.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search